The Classical Economists Argued That the Production of Goods and Services

question 57

Multiple Choice

The classical economists argued that the production of goods and services (supply) generates an equal amount of total income and, in turn, total spending. This theory is called:

• A)Keynes' General Theory.
• B)Say's Law.
• C)the "animal spirits" theory.
• D)the law of autonomous consumption.

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Species at Risk Act

Canadian legislation aimed at the protection and recovery of endangered or threatened species and their habitats.

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A country located in the northern part of North America, known for its vast landscapes, multicultural diversity, and as the second-largest country by total area.

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The act or process of guiding practices and making decisions that positively affect the natural environment.